Macquarie Group’s D-Market Electronic Services & Trading HEPS Stock Holding History

Macquarie Group’s Portfolio HEPS Stock Details HEPS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-183,924	Closed	-$495K	–	1126
2025 Q3	$495K	Sell	183,924 -3,088	-2%	-$8.57K	﹤0.01%	1423
2025 Q2	$505K	Sell	187,012 -700	-0.4%	-$1.9K	﹤0.01%	1460
2025 Q1	$535K	Hold	187,712	–	–	﹤0.01%	1467
2024 Q4	$569K	Hold	187,712	–	–	﹤0.01%	1435
2024 Q3	$424K	Sell	187,712 -8,406	-4%	-$23.4K	﹤0.01%	1493
2024 Q2	$433K	Sell	196,118 -477	-0.2%	-$801	﹤0.01%	1483
2024 Q1	$295K	Hold	196,595	–	–	﹤0.01%	1493
2023 Q4	$354K	Hold	196,595	–	–	﹤0.01%	1506
2023 Q3	$261K	Hold	196,595	–	–	﹤0.01%	1505
2023 Q2	$330K	Hold	196,595	–	–	﹤0.01%	1503
2023 Q1	$263K	Sell	196,595 -400	-0.2%	-$392	﹤0.01%	1532
2022 Q4	$130K	Sell	196,995 -858	-0.4%	-$632	﹤0.01%	1632
2022 Q3	$191K	Sell	197,853 -232	-0.1%	-$221	﹤0.01%	1628
2022 Q2	$120K	Sell	198,085 -1,915	-1%	-$2.79K	﹤0.01%	1822
2022 Q1	$454K	Hold	200,000	–	–	﹤0.01%	1668
2021 Q4	$382K	Hold	200,000	–	–	﹤0.01%	1676
2021 Q3	$1.37M	Buy	+200,000	New	+$2.18M	﹤0.01%	1501

Other funds holding HEPS

VAS

VR Advisory Services Camana Bay, Grand Cayman, Cayman Islands $1.13B AUM 38.97% 1-Year Est. Return

Hosking Partners London, United Kingdom $3.01B AUM 83.99% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

BNP Paribas Financial Markets Paris, France $289B AUM 60.46% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

GAM Holding Zurich, Switzerland $1.31B AUM 35.17% 1-Year Est. Return

GCP

GSA Capital Partners London, United Kingdom $1.59B AUM 39.81% 1-Year Est. Return

Rangeley Capital New Canaan, Connecticut $109M AUM 97.13% 1-Year Est. Return

Macquarie Group's HEPS Position: Q4 2025 in Review

Macquarie Group sold out of D-Market Electronic Services & Trading (HEPS) in Q4 2025, closing a stake of 183,924 shares — an estimated $495K sold.

Macquarie Group first reported a position in HEPS in Q3 2021 and held it in 17 quarters. The position peaked at $1.37M in Q3 2021. 32 funds tracked by Wall St. Rank hold HEPS as of Q4 2025.

Macquarie Group reported no remaining D-Market Electronic Services & Trading position as of Q4 2025 after selling out during the quarter.
Macquarie Group sold 183,924 D-Market Electronic Services & Trading shares in Q4 2025, an estimated $495K.
Macquarie Group first reported a position in D-Market Electronic Services & Trading in Q3 2021 and held it in 17 quarters.
Macquarie Group's D-Market Electronic Services & Trading position peaked at $1.37M in Q3 2021.
32 funds tracked by Wall St. Rank held D-Market Electronic Services & Trading as of Q4 2025.

Based on Macquarie Group's 13F filing for Q4 2025, filed 13 Feb 2026.